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This course is recognized by the National Skill Development Corporation, a PPP under the Ministry of Skill Development and Entrepreneurship of the Government of India. You will receive a certificate cobranded by NSDC and Skill India on successful completion.
Have you ever thought of launching your own 1cr/ year services business? What stopped you?
- Do you fear the risks involved?
- Did you think you can’t do it without capital?
- Do you believe that you do not have the entrepreneurship mindset?
- Are you unsure about what services you can offer?
- Are you afraid of failing?
You can become a service business entrepreneur with zero capital and without an Ivy League or premier B-School MBA.
Syllabus
Service business models & vision 
What does a 1 cr/year business look like
What are the departments of a business
What are the revenues, margins and costs like
How much does the founder take home
How much needs to be reinvested
Overview of scalable and non-scalable businesses
How to build your first community 
Tools for building a community: Discord, Whatsapp, Telegram, FB, LinkedIn, etc.
How to get your first 100 members, 1000 and then 10,000
How to reach out to networks of successful people to build your community
How to add value and nurture a community
How to get feedback on your ideas
Best practices for content moderation for mental peace and time saving
How to facilitate members to contribute
When to weed out miscreants
How to use your community to identify your first offer
How to get started with your first offer 
How to select your niche, find ideas & problems worth solving
How to conduct market research and identify customer pain points
How to validate your idea and get your first 3 testimonials
How to create your ideal client persona based on market research
How to create the customer’s buying journey
How to create your first offer
Pricing strategies & new service launch 
Hourly vs. Lump sum pricing
Blended models
When to charge low and how to increase your prices
How to add appropriate disclaimers
How to use discounts & advance to increase conversion rates
How to identify new services that can be scalable
How set up a system to generate referrals, cross-selling and upselling 
What incentives to create to generate referrals
How to track referrals
How to create an upselling and cross-selling process
How to move clients to high-ticket services to increase ARPU
How to create a business development engine 
Components of irresistible offers
How to implement your first marketing funnel
Trust building measures
Referral, cross-selling and upselling flywheels
Storytelling for service business owners 
Types of stories: Personal origin story, Conversion story, Employee stories, Client/customer success stories
Structure and format of a story
How to identify the top 10 stories in your life to kickstart your business
How to create stories that are highly emotional and move audiences
How to deliver stories emotionally
How to move audiences to take action with storytelling
How to generate leverage from testimonials & automate them 
When to ask for testimonials
Video, text and image testimonials
Where to place testimonials for maximum leverage
How to document a case study
How to use testimonials and case studies to sign up new clients
Tools and processes for securing testimonials continuously
How to maximise benefits from reviews (if you run a B2C service business)
Business financing 
Top 5 financial metrics & how to measure them: Customer Lifetime Value, Average Revenue
Per User or Ticket Size, Cost of Acquisition (CAC), EBIT and PAT
How to increase customer lifetime value
When should you spend on advertising
What should your target Return on Ad Spend be and how to measure it
How to avail financial support for services businesses - Unsecured credit, revenue based financing and supply chain financing (where applicable)
How to collaborate with 3rd party finance partners (B2C) to facilitate customer payments and grow faster
When to consider SME IPO
How to nurture leads through marketing funnels 
How to maintain top of mind awareness
TOFU, MOFU, BOFU
Awareness, interest, desire, action
Popular marketing funnel tools and builders
How to get potential clients into your marketing funnel
How to set up your first marketing funnel
Email funnels, whatsapp funnels, omni-channel funnels
Lead revival and re-engagement funnels
How to step up your online presence in the digital economy 
How to step up your social media presence
How to set up your own website without hiring a developer or wasting 90 days
How to set up a blog
Guest posting
How to improve Google Search rankings through organic SEO
Directory listings
How to create your first brochure for your services
How to implement your first 3 marketing funnels
How to create your first lead magnet/whitepaper
Tools to configure a call-booking system
How to write your first proposal
How to enable other people to deliver the service (replace yourself) 
How to document service delivery when you personally deliver it
How to create your first training
How to set benchmarks for your service
How to create processes and workflows
How to audit the functioning of a process
How to hire & train auditors
How to evaluate whether the audit process is working
How to run operations & delivery 
Why service business owners hate support & how you can automate it
How to implement an automated tool for email & phone support
How to create your first training for your VA/support rep
How to quantify measurable standards for service delivery
How to measure the quality of your service when delivered by others
What are the top support and satisfaction metrics to measure
What are the top MISes you need
Understanding NPS and CSAT
How to conduct audit of services and delivery when you expand
How to detect when the metrics are lying
How to identify customised success metrics for your business & test if they’re correctly working
How to run your business like a Fortune 500 CEO 
How to set a business vision for the next 6 months - 1 year at a time
How to align the team
What are the top metrics to track
What are the top MISes that you need to build
Identifying key areas and roles for the next level of growth
How to run the hiring process 
What are the top team members you need
When to make your first hire
Employer brand building so that you can become a talent magnet
How to create your first interviewing and selection process and document it
How to network with colleges
When to stay away from hiring platforms and headhunters
How to create your first internship program
How to hire mid and senior level talent
How to manage a remote team 
How to give a mission statement to every team member
How to set effort-based and outcome based metrics
How to track attendance, time and effort through tools
How to structure compensation and incentives plans
How to set up an Employee Stock Option Plan
How to conduct weekly meetings
How to manage remote teams through data and delegation (no politics)
How to deal with performance (without drama)
How can LawSikho/SkillArbitrage help you in the process of hiring talent
How to create leaders and replace yourself in the organisation & free up your time 
Basics of culture
When to give promotions
How to onboard mid-level & senior level team members
How to transition out when others are taking over
How to measure results after you have moved out
What kind of mentorship and coaching systems you need to implement for the cycle to continue
How to deal with common legal, compliance and tax issues 
Incorporation: LLP vs Pvt. Ltd.
Annual compliances
Contracts
Employee or other company policies
Income tax (personal, for employees & for the business, including TDS & advance tax)
Income tax and GST on foreign earnings
Legal & consumer notices
Negative reviews, online reputation management and defamation
Setting up a Delaware C Corp
When to seek external professional assistance
How to select the appropriate service provider
How to determine the budget and measure deliverables
Course Plan
Standard
₹ 66000
incl. of all charges
- Printed study material (by courier)
- 1 online live class/ week
- 2 practical or drafting exercises per week
- Get digital access to entire study material
- Access on LMS, Android & iOS app
- Instructor feedback on assignments
- Unlimited doubt clearing sessions.
- Instructor led course with online live classes
- Online exams (give exams as per your convenience on given time slots)
- Certificate (by courier)
- CV enhancement
- Coaching for professional networking
- Training for writing and publishing articles
- Internship & Job Support
- Interview preparation guidance
- Access to updated content online for 3 years
- Top students are recommended to law firms and companies (as applicable)